15 years of trust and care
The story of an investor who never saw his flats
The story of an investor who never saw his flats
Imagine this – one day, the phone rang. At the other end of the line was a British gentleman with an unmistakable accent and a determined plan: “I want to buy flats as an investment, but I do not want to deal with them.” And so began our fifteen-year journey together, during which the client never saw his flats with his own eyes. And do you know what? He did not need to!
Our task was to find six ideal flats in Brno that would not only meet the investment objective but also provide a hassle-free source of income. As the client gave us power of attorney for all matters, we arranged everything he needed:
Property selection: We searched for flats that would generate income and found the best ones.
Handling formalities: Negotiations with the seller, contracts and Land Registry registrations.
Taking over the flats: Including resolving outstanding defects.
Preparing for letting: We furnished the flats and prepared them for tenants.
But our mission did not end there. In fact, it had only just begun!
We subsequently provided complete property management, whether it involved painting, replacing taps or communicating with tenants. The client could focus calmly on his priorities at home while we ensured his flats continued to generate income. This included:
Letting and stable occupancy: Tenants came and went, but the flats were never left empty.
Communication on all fronts: Tenants, banks, insurance companies and authorities.
Maintenance: From minor repairs to major renovations, everything was kept in perfect condition.
Regular income: Money arrived in the account every month.
Over the entire 15 years, the client did not even look at his flats. The only thing he ever saw from them was money – and it was certainly not insignificant. He achieved a return of 7 % p. a.
A nd then it was time to say goodbye. After 15 years, the portfolio needed to be sold. The reason was not another investment, but a change in family circumstances – divorce. The client and his wife needed a quick, smooth sale. How did it turn out? Exactly as you would expect. We arranged:
First-class estate agency service: Advertising, viewings and communication with prospective buyers.
Legal services: Everything from preparing contracts to dealing with the Land Registry.
A hassle-free sale: The client did not even have to fly to the Czech Republic.
Over 15 years, the portfolio appreciated to an extent that anyone would envy. Property values in Brno grew steadily, generating a significant financial gain for the client. And what is more? This story is not only about numbers or properties. It is about trust – a relationship that lasted a full 15 years. We say goodbye to this client with a smile and pride in what we achieved together. Trust is not just a word. It is a commitment. And we are pleased that we were able to fulfil it. Now it is time to begin a new story – perhaps yours?